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Rackspace Technology, Inc. cash flow statement

In fiscal 2025, Rackspace Technology, Inc.'s operations generated $151m of cash; it spent $60.8m on capital projects, leaving free cash flow of $90.6m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations43029311737124737540151104
Depreciation and amortisation———245221209141151157
Stock-based pay203075757065634540
Capital spending29419811710880971116163
Free cash flow136950262166278−719141
Free cash flow after stock pay11665−7418797213−135461
Share buybacks02003100——
Shares issued3065800————

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Rackspace Technology, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Rackspace Technology, Inc.